Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $22,878 per ton in 2022, declining by -12.1% against the previous year. Over the period under review, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 56%. As a result, import price reached the peak level of $35,485 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($168,453 per ton), while the price for China ($5,438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $27,790 per ton in 2022, dropping by -52.1% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 113%. The export price peaked at $58,015 per ton in 2021, and then declined markedly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($132,117 per ton), while the average price for exports to Libya ($4,628 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+51.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan
In 2022, imports of machines and mechanical appliances; parts, of those having individual functionses into Jordan soared to 365 tons, growing by 49% against the previous year. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses soared to $8.4M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,215 | 972 | 681 | 2,456 | 3.5% |
| Italy | 845 | 747 | 1,025 | 1,324 | 16.1% |
| China | 171 | 263 | 212 | 978 | 78.8% |
| United States | 1,783 | 609 | 996 | 972 | -18.3% |
| United Kingdom | 704 | 489 | 1,082 | 830 | 5.6% |
| France | 217 | 516 | 897 | 652 | 44.3% |
| India | 131 | 387 | 236 | 183 | 11.8% |
| Turkey | 134 | 118 | 84.0 | 167 | 7.6% |
| Netherlands | 131 | 213 | 138 | 163 | 7.6% |
| United Arab Emirates | 123 | 787 | 432 | 87.0 | -10.9% |
| Iran | 5.4 | 15.9 | 43.7 | N/A | 184.5% |
| Others | 1,108 | 789 | 535 | 538 | -21.4% |
| Total | 7,567 | 5,907 | 6,362 | 8,351 | 3.3% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Jordan in 2022:
- China (179.9 tons)
- Italy (88.8 tons)
- United States (16.4 tons)
- United Kingdom (15.8 tons)
- Germany (14.6 tons)
- France (12.5 tons)
- Turkey (8.7 tons)
- India (7.3 tons)
- United Arab Emirates (6.2 tons)
- Netherlands (5.6 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan
Exports of machines and mechanical appliances; parts, of those having individual functionses from Jordan reduced rapidly to 6.3 tons in 2022, with a decrease of -74.7% against 2021. Over the period under review, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 277% against the previous year. As a result, the exports reached the peak of 25 tons, and then declined remarkably in the following year.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses dropped dramatically to $176K in 2022. In general, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 394% against the previous year. As a result, the exports reached the peak of $1.5M, and then reduced notably in the following year.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 232 | 119 | 702 | 129 | -17.8% |
| Libya | N/A | 1.7 | N/A | 13.5 | 181.8% |
| Free Zones | 48.1 | 42.7 | 557 | 11.1 | -38.7% |
| Syrian Arab Republic | N/A | N/A | 5.0 | 7.7 | 54.0% |
| Saudi Arabia | 66.6 | 3.4 | 4.0 | 3.1 | -64.0% |
| Qatar | 55.0 | N/A | 8.0 | 2.3 | -65.3% |
| Tunisia | N/A | 0.5 | 2.9 | 1.5 | 73.2% |
| United Arab Emirates | N/A | 7.8 | 17.9 | 0.3 | -80.4% |
| Others | 197 | 120 | 158 | 7.8 | -65.9% |
| Total | 599 | 295 | 1,455 | 176 | -33.5% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Jordan in 2022:
- Libya (2907.0 kg)
- Syrian Arab Republic (1624.0 kg)
- Ghana (978.0 kg)
- Free Zones (280.0 kg)
- Tunisia (137.0 kg)
- Saudi Arabia (114.0 kg)
- Qatar (114.0 kg)
- United Arab Emirates (50.0 kg)
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